Ratios

		vs industry	vs history
P/E(ttm)	141.70	EDR's P/E(ttm) is ranked lower than 98% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 26.15 vs. EDR: 141.70 )	EDR' s 10-Year P/E(ttm) Range Min: 128.15   Max: 157.61 Current: 141.7 128.15 157.61
P/B	1.72	EDR's P/B is ranked lower than 62% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 1.30 vs. EDR: 1.72 )	EDR' s 10-Year P/B Range Min: 0.28   Max: 1.92 Current: 1.72 0.28 1.92
P/S	7.86	EDR's P/S is ranked lower than 59% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 6.20 vs. EDR: 7.86 )	EDR' s 10-Year P/S Range Min: 0.57   Max: 7.86 Current: 7.86 0.57 7.86
EV-to-EBIT	98.67	EDR's EV-to-EBIT is ranked lower than 82% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 28.60 vs. EDR: 98.67 )	EDR' s 10-Year EV-to-EBIT Range Min: 21.1   Max: 287.1 Current: 98.67 21.1 287.1

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	3.48	EDR's Dividend Yield is ranked lower than 63% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 4.40 vs. EDR: 3.48 )	EDR' s 10-Year Dividend Yield Range Min: 2.18   Max: 30.48 Current: 3.48 2.18 30.48
Dividend Payout	5	EDR's Dividend Payout is ranked lower than 70% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 1.24 vs. EDR: 5 )	EDR' s 10-Year Dividend Payout Range Min: 4.13   Max: 4.13 Current: 5
Dividend growth (3y)	-1.3	EDR's Dividend growth (3y) is ranked higher than 54% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: -8.45 vs. EDR: -1.3 )	EDR' s 10-Year Dividend growth (3y) Range Min: 0   Max: 0.9 Current: -1.3 0 0.9
Yield on cost (5-Year)	1.19	EDR's Yield on cost (5-Year) is ranked lower than 83% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 4.00 vs. EDR: 1.19 )	EDR' s 10-Year Yield on cost (5-Year) Range Min: 0.74   Max: 10.37 Current: 1.19 0.74 10.37
Share Buyback Rate	-26.1	EDR's Share Buyback Rate is ranked lower than 69% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: -7.50 vs. EDR: -26.1 )	EDR' s 10-Year Share Buyback Rate Range Min: 0   Max: -27.6 Current: -26.1

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	116.1	EDR's Price/Net Current Asset Value is ranked higher than 88% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 56.20 vs. EDR: 116.1 )	EDR' s 10-Year Price/Net Current Asset Value Range Min: 78.7   Max: 96.7 Current: 116.1 78.7 96.7
Price/Tangible Book	1.7	EDR's Price/Tangible Book is ranked higher than 68% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 1.30 vs. EDR: 1.7 )	EDR' s 10-Year Price/Tangible Book Range Min: 0.5   Max: 1.4 Current: 1.7 0.5 1.4
Price/DCF (Projected)	55.6	EDR's Price/DCF (Projected) is ranked higher than 84% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 2.20 vs. EDR: 55.6 )	EDR' s 10-Year Price/DCF (Projected) Range Min: 7.4   Max: 46.3 Current: 55.6 7.4 46.3
Price/Median PS Value	2.6	EDR's Price/Median PS Value is ranked higher than 97% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 1.10 vs. EDR: 2.6 )	EDR' s 10-Year Price/Median PS Value Range Min: 0.3   Max: 2.2 Current: 2.6 0.3 2.2
Price/Graham Number	8.6	EDR's Price/Graham Number is ranked lower than 80% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 1.30 vs. EDR: 8.6 )	EDR' s 10-Year Price/Graham Number Range Min: 7.2   Max: 7.2 Current: 8.6
Earnings Yield (Greenblatt)	1.00	EDR's Earnings Yield (Greenblatt) is ranked lower than 60% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: 2.60 vs. EDR: 1.00 )	EDR' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.3   Max: 4.7 Current: 1 0.3 4.7
Forward Rate of Return (Yacktman)	-29.44	EDR's Forward Rate of Return (Yacktman) is ranked lower than 52% of the 249 Companies in the Global REIT - Residential industry. ( Industry Median: -7.64 vs. EDR: -29.44 )	EDR' s 10-Year Forward Rate of Return (Yacktman) Range Min: -32.3   Max: -26.3 Current: -29.44 -32.3 -26.3

Business Description

Education Realty Trust, Inc. is a self-managed and self-advised real estate investment trust, or REIT, which was organized in July 2004. The Company develops, acquires, owns and manages student housing communities located near university campuses. The Company has three reportable segments: collegiate housing leasing, development consulting services and management services. Collegiate-housing communities are typically leased by the bed on an individual lease liability basis. Individual lease liability limits each resident's liability to his or her own rent without liability for a roommate's rent. The number of lease contracts that it administer is therefore equivalent to the number of beds occupied instead of the number of apartment units occupied. A parent or guardian is required to execute each lease as a guarantor unless the resident provides adequate proof of income and/or pays a deposit, which is usually equal to two months rent. It provides development consulting services mainly to colleges and universities seeking to modernize their on-campus collegiate housing communities but also to the Trust and other third-party investors. Its development consulting services typically include the following: market analysis and evaluation of collegiate housing needs and options; cooperation with the client on architectural design; negotiation of ground lease, development agreement, construction contract, architectural contract and bond documents; oversight of architectural design process; coordination of governmental and university plan approvals; oversight of construction process; design, purchase and installation of furniture; pre-opening marketing to students; and obtaining final approvals of construction. It provides management services for collegiate housing communities owned by educational institutions, charitable foundations, the Trust and others. Its management services typically cover all aspects of community operations, including residence life and student development, marketing, leasing administration, strategic relationships, and information systems and accounting services. It competes with several regional and national owner-operators of off-campus student housing, including one publicly-traded competitor, American Campus Communities, Inc. It also competes with privately held developers and other real estate firms and in a number of markets with smaller local owner-operators. As a current or prior owner, manager and developer of real estate, it are subject to various federal, state and local environmental laws, regulations and ordinances and also could be liable to third parties resulting from environmental contamination or noncompliance at its properties.
Company Website
SEC Reports

Industry:	REIT - Residential
Compare:	PPS, EQR, AVB, AGNC, AIV
Traded in other countries:	EL2.Germany

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